Wynn Resorts Ltd has been the center of attention following its stock's frequent fluctuation while still underperforming the market. Several asset management firms such as Assenagon, Wedge Capital, and Czech National Bank have initiated new holdings and positions, while others like Cwm LLC have reduced their shares. The company's
dividend has been a key topic with the announcement about issuing quarterly dividend of $0.25 on August 30th. The company's Q2 2024 earnings revealed revenues and earnings per share that didn't meet the anticipated estimates despite a record in EBITDAR and Q4 revenues soaring. Wynn's strategic SWOT insight provides more depth into the company's internal and external factors affecting its performance. The
CEO mentioned intentions of land development in Las Vegas, and Wynn Resorts has started to release images of Wynn Al Marjan Island. The company's stock is being seen as a strong momentum stock for the long term. Despite some economic weakness in China causing a stumble,
analysts have given the company a moderate buy rating, attributing this to the company's record-setting quarter. However, the company's performance over the past three years has resulted in a 21% loss for investors.
Wynn Resorts Ltd WYNN News Analytics from Wed, 08 Nov 2023 22:34:44 GMT to Sun, 18 Aug 2024 11:04:26 GMT -
Rating 0
- Innovation -5
- Information 6
- Rumor -2
